Why is Indian CardCloth falling/rising?

As of 24-Sep, Indian Card Clothing Company Ltd's stock price is currently at 269.50, reflecting an increase of 0.7, or 0.26%. The stock has shown a trend reversal by gaining after two consecutive days of decline, outperforming its sector by 1.47%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend overall. Additionally, the stock has experienced a significant drop in investor participation, with delivery volume falling by 30.46% compared to the 5-day average. Year-to-date, the stock is down 18.58%, while it has underperformed against the benchmark Sensex over the past month and year.
In the broader market context, the Sensex has shown a positive return of 4.58% year-to-date, contrasting sharply with Indian Card Clothing's significant decline. Over the past week, the stock has decreased by 1.73%, while the Sensex has only fallen by 1.18%. This underperformance highlights the challenges faced by Indian Card Clothing in the current market environment. Despite today's slight uptick, the overall trend and lower investor participation suggest that the stock may continue to struggle against the broader market's positive momentum.